The police on Tuesday arraigned a sales representative, Shefiu Bolaji, 27, and two others for allegedly cheating Flour Mills of N5 million.
He alleged that Bolaji criminally conspired with Kamilu of number 32, Rabiu, Ojora, Lagos state and dishonestly stole stole goods worth N5 million between October 2018 to May 2019.
The prosecutor also alleged that Fatai, of number 9 Railway compound, Apapa, Lagos state dishonestly received the stolen goods sold the goods at a give away price.
He said that the offence is contrary to the provisions of sections 97, 322, 289, 309, and 317 of the penal code law.
The accused persons pleaded guilty.
The Defence Counsel, Isa Suleiman applied for the bail of the accused persons, saying that they have showed remorse and promised to refund all the money.
Suleiman said that the accused persons have refunded N1.3 million out of the N5 million and they have promised to pay the remaining balance of N3. 7 million.
The Chief Magistrate, Mrs Ibijoke Olawoyin, admitted the accused to bail in the sum of N250,000 each with two sureties each in like sum.